2535 11th Ave SMinneapolisMN55404
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Minneapolis at 2535 11th Ave S, Minneapolis, MN, 55404 listed at $290,000 pairs $2,141/mo rent with a $1,419/mo payment to leave $331/mo cash flow. Total monthly income runs $2,141/mo, and annual cash flow reaches $3,966/yr on $96,135 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 8.86% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 125.05% and total cumulative return in cash totals $120,220. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,141/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1906
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55404, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 1,900 (12.8%) |
| Renter Occupied HU | 11,810 (79.7%) |
| Vacant Housing Units | 1,112 ( 7.5%) |
| Median Home Value | $382,258 |
| Average Home Value | $436,368 |
Housing Distribution
Address Breakdown
Residential
14,495
Single Family
2,085
Multi-Family
12,410
Businesses
807
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Listed by: Jennifer C Wilson • Wits Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000288